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“In order to be more productive, organisations worldwide are investing in cloud and mobile technologies, enabling their staff to work from virtually anywhere,” said David Baker, chief security officer at Okta, commenting on the findings.

“But this isn’t enough to ensure true agility. As organisations become increasingly connected, the traditional idea of the enterprise network boundary is vanishing and businesses need to prioritise strong security.

“To successfully navigate the new perimeter and avoid compromising on security and productivity, IT leaders need to adopt tools that span traditional company and network boundaries and enable agility across the organisation.”

The survey also found that 85 per cent of IT leaders suffer from a lack of insight into who has access to applications within their organisations. Meanwhile, 80 per cent were concerned about weak passwords or access controls as security issues.

But firms are missing out on the complete benefits of technologies like the cloud, the findings showed, as 92 per cent of those questioned believed their organisations could do more to integrate and support cloud applications into their infrastructure and systems.